autarky
/ˈɔːtɑːrki/
noun
- A situation in which a country or region is self-sufficient and does not need to trade with other countries.
- Economists debate whether autarky is a realistic goal for any modern nation.
- The island nation pursued a policy of autarky, growing all its own food and manufacturing everything it needed.
- During the war, the country was forced into autarky because trade routes were blocked.
- A state of being self-reliant or independent, especially economically.
- The small farming community achieved a kind of autarky by producing its own energy and food.
- The company's autarky in raw materials protected it from global price swings.
- Some survivalists aim for personal autarky, living off the grid without outside support.
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